Tangible and Intangible Rewards Paper.

Abstract Rewards and incentives are related but quite different things. An incentive is something that tends to stimulate or spur individual or group action. A reward is something tangible or intangible that is given to an individual or group for a service. Rewards are given for one of two reasons: (1) outstanding performance of assigned duties and tasks, or (2) unique contributions to the organization either job-related or non-job-related (Tracey, 1999). Tangible and Intangible Rewards Tangible rewards (money, …

…D., 1999. Motivation quick tips. Youth Starts with You. Retrieved on May 14, 2003 from the World Wide Web: http://www.youthstartswithyou.org/html/FS_motivate2.html Powers, J., 2000. Why incentives work. Incentives Awards USA. Retrieved on May 14, 2003 from the World Wide Web: http://www.tmgsc.com/incentives101.htm Tracey, W. R., 1999. Rewarding: Reinforcing quality performance, Part 1, The Barnstable- Patriot News. Retrieved on May 14, 2003 from the World Wide Web: http://www.barnstable-patriot.com/08-19-99-news/tracey.html